date:Jul 10, 2013
puffs and veggie chips among others.
BG Foods financed the acquisition with the remaining net proceeds of its recently completed senior notes offering and approximately $40m of additional revolving credit borrowings under its credit agreement.
The company expects the acquisition to be immediately accretive to earnings per share and free cash flow.
On 10 June, BG Foods entered into agreement to acquire Robert's American Gourmet Food VMG Partners, Driven Capital Management, founder Robert Ehrli